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Best Credit Cards for Good Credit

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The ability to access credit and manage it effectively without spending recklessly will lead lenders to look upon a consumer more favorably. Lenders will also offer better rates to consumers with higher credit scores.

Top 10 Credit Cards for Good Credit

A variety of credit cards are available for people in different situations to manage credit successfully. This helps secure more preferable rates over time, and in some cases, there’s an opportunity to claim cash bonuses and other benefits. The following credit cards are some of the best options for consumers to consider.

Capital One Savor One Cash Back Rewards Credit Card

The Capital One Savor One Cash Back Rewards Credit Card is one of the best all-around cards. It offers 3% cash back on everyday purchases like groceries, dining and subscription services. It also offers up to 8% cash back for select ticket purchases. It’s best suited to those with an excellent credit history who wish to continue managing their personal finances carefully.

This card offers a then APR. It also offers a $200 cash bonus if you spend $500 within three months of credit card approval. There are no foreign transaction fees, and travel accident insurance and travel assistance are included.

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Pros

Cons

Cash Back APR Annual Fee Sign-Up Bonus
Yes $0 Yes

Discover it Secured Credit Card

With no annual fees attached, the Discover it Secured Credit Card is perfect for someone getting their first credit card or who needs to rebuild credit. Because the card is secured, the initial credit line will match the first deposit amount. Once an account has been opened, Discover will perform an automatic review to determine whether a customer will qualify for an unsecured line of credit. 

Provided the customer spends responsibly, the deposit should be returned after seven months. Incentives include 2% cash back at gas stations and restaurants up to $1,000 in combined purchases per quarter, as well as 1% cash back on all other purchases. Cash Back Match, another benefit offered by this card, will match all the cash back earned at the end of the first year.

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Pros

Cons

Cash Back APR Annual Fee Sign-Up Bonus
Yes , but may change based on the market’s prime rate $0 None

Discover it Student Cash Back

Designed for students, Discover it Student Cash Back allows customers to build their credit score early in life while also benefitting from various rewards and bonuses. Students can build their credit score by paying on time, repaying their balance in full and keeping their card balance low. This card has a 99% acceptance in stores nationwide. Plus, it offers 5% cash back on rotating categories when you activate (up to the quarterly cap) like the following:

Pros

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Cons

Cash Back APR Annual Fee Sign-Up Bonus
Yes $0 None

Petal 1 Visa Credit Card

The Petal 1 Visa Card’s credit line starts at $300 and goes up to $5,000. There are no annual fees or foreign transaction fees, and customers can qualify for credit line increases within six months. While APRs are on the higher end, Petal 1 customers can take advantage of free tools within the app to build credit faster. This includes payment activity tracking, autopay features and budgeting planners. There is no sign-up bonus but customers can earn as much as 10% cash back with some merchants.

Pros

Cons

Cash Back APR Annual Fee Sign-Up Bonus
Yes $0 None

Tomo Credit Card

The Tomo Credit Card helps anyone build a credit score, even if they have no prior credit history. There are no annual fees, interest fees, credit score disqualifications or credit history checks required. 

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Tomo uses automated payments to help customers build better credit quickly and users also qualify for 1% cash back on their purchases. 

Pros

Cons

Cash Back APR Annual Fee Sign-Up Bonus
Yes None $0 None

Navy FCU nRewards Secured Credit Card

The Navy Federal Credit Union nRewards Secured Credit Card is an excellent option for building credit score. New customers who are also members can check for prequalification without affecting their current credit score. There are no annual fees, foreign transaction fees or cash advance fees. Customers can check to see if they qualify for a credit limit increase after just three months. A review will then be carried out after six months to determine if customers can move on to an unsecured credit card.

Within the first four years, there are no limits on earned rewards. Customers can earn 1.75% cash back on all purchases or a point per dollar spent. Points can be redeemed for cash, credit, gift cards and merchandise. Some other benefits include rental car coverage and member deals at approved retailers. 

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Pros

Cons

Cash Back APR Annual Fee Sign-Up Bonus
Yes , but may change based on the market’s prime rate $0 None

The Blue Cash Preferred Card from American Express, our partner, is another great option for consumers with good to excellent credit scores. American Express® Card Members who spend at least $3,000 within the first six months are eligible for $250 in a statement of credit. American Express also offers APR.

There are several redeemable discounts for approved retailers, and Card Members are offered many cash back incentives, like:

Pros

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Cons

Cash Back APR Annual Fee Sign-Up Bonus
Yes Yes

Terms Apply. All information about Blue Cash Preferred has been collected independently by GOBankingRates.com. Blue Cash Preferred is not available through GOBankingRates.com.

Chase Freedom Unlimited

Chase Freedom Unlimited is for those who already have good to excellent credit scores. It offers an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year), which is worth up to $300 cash back. It has then . There are no additional annual fees.

In terms of cash back, this card has the most comprehensive offerings. Customers get:

Pros

Cons

Cash Back APR Annual Fee Sign-Up Bonus
Yes $0 Yes

Upgrade Visa Card With Cash Rewards

The Upgrade Visa Card with Cash Rewards gives customers a $200 bonus for opening a checking account and making at least three debit card transactions after signing up. It offers 1.5% cash back on all payments on the condition the balance is paid down.  

With credit lines ranging from $500 to $25,000, this card is suitable for a variety of customers. However, Upgrade cannot be used at ATMs like some other credit cards.

Pros

Cons

Cash Back APR Annual Fee Sign-Up Bonus
Yes $0 Yes

SoFi Credit Card

The SoFi Credit Card is for people who already have relatively good credit. It currently offers a $300 bonus and 3% cash back on purchases for 12 months if users sign up with a direct deposit. There is no effect on credit scores for applying.

If customers make 12 monthly on-time payments, the APR will reduce by 1% overall. SoFi’s offering is particularly unique as customers are given the option to redeem points by using them to buy fractional shares or crypto with a SoFi Invest account. 

SoFi is partnered with several approved merchants for discounts and free trials, such as DoorDash and Lyft. Some other benefits include: 

Pros

Cons

Cash Back APR Annual Fee Sign-Up Bonus
Yes $0 Yes

Final Take

A consumer’s credit score determines whether they’ll have access to affordable financing, loan qualification and costs and fees related to important decisions, like taking on a mortgage. The better the credit score, the better overall rates the consumer will get. Any of these cards can help a consumer build or improve their credit history.

Good To Know

Whether a consumer has excellent, poor or no credit history, there are several ways to continue to build or improve credit scores. A credit card can help do that effectively if it’s used wisely.

Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of July 20, 2022.

Editorial Note: This content is not provided by the companies mentioned. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by the companies mentioned.

GOBankingRates is a personal finance and consumer interest rate website owned by ConsumerTrack Inc., an online marketing company serving top-tier banks, credit unions and other financial services organizations. Some companies mentioned in this article might be clients of ConsumerTrack Inc., which serves more than 100 national, local and online financial institutions. Rankings and roundups are completely objective, and no institution, client or otherwise, paid for inclusion or specific placement. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by the companies included in the article. All fees and rates are subject to change at the issuers’ discretion. Some interest rates might be short-term or promotional offers only, and it is possible additional terms and conditions must be met to obtain the interest rates listed. Rates and availability might vary by region. Verify terms and conditions before opening an account.

GOBankingRates bases its assessment of “best” and “top” products on the above-stated parameters to create a baseline for comparison. This assessment is an approximation of “best” and “top” designed to help consumers find products that might be appropriate for them. There could be other options available as well. Consumers should consider various options appropriate for their circumstances.